Big Government?

I’m no fan of big government but I do agree with this article:

Robert Reich: Big government isn’t the problem

The former secretary of labor on our newest spending bill — and why it’s everything that’s wrong with Washington

Topics:, Big government, Dodd-Frank, Big Pharma, Capitalism, Business News, Politics News

Robert Reich: Big government isn't the problemRobert Reich
This originally appeared on Robert Reich’s blog.

Some believe the central political issue of our era is the size of the government. They’re wrong. The central issue is whom the government is for.

Consider the new spending bill Congress and the President agreed to a few weeks ago.

It’s not especially large by historic standards. Under the $1.1 trillion measure, government spending doesn’t rise as a percent of the total economy. In fact, if the economy grows as expected, government spending will actually shrink over the next year.

The problem with the legislation is who gets the goodies and who’s stuck with the tab.

For example, it repeals part of the Dodd-Frank Act designed to stop Wall Street from using other peoples’ money to support its gambling addiction, as the Street did before the near-meltdown of 2008.